. bill: in our country now the president setting up the next round of big budget battles. mr. obama defending the role of government in reaffirming support for major entitlement programs, the drivers of her debt like medicare, medicaid and social security, leaving many to wonder if any of d.c.'s spending will decrease. in fact democratic senator chuck schumer already suggesting that taxes may need to go up again to pay for all those bills and all that spending. stephen hayes, senior writer, "weekly standard", and fox news contributor has been on this. steve, good morning to you. how are you doing, post inauguration day? >> doing well. bill: give us a sense about what we can expect to happen in your town next. >> well, i think very little. you're looking at a spending, spending trend that is unlikely to change anytime soon. we've already seen this, hints of this in the early stages of this battle with the fiscal cliff and the discussions over the debt ceiling. i think we saw in the president's speech yesterday an unwillingness to do anything significant to change the trajectory of u.